AISTECH places Order at the Sum of 200,000 € with GomSpace for the Delivery of Full Platform and Payload for their First Nanosatellite

Tue, Oct 04, 2016 13:36 CET

The purpose of AISTECH is to set up a nanosatellite network that will help organizers improve their decision making process. Focus is on three business areas: Asset tracking and bidirectional communication, thermal imaging from space and aviation tracking and position management. AISTECH plans to have the first satellite, delivered by GomSpace, in orbit and by 2020, there will be a full constellation capturing data in real time.

“We choose GomSpace because of their experience and expertise in developing space systems solutions. It is important to us to choose a partner with documented flight heritage, and we feel confident that GomSpace will be a qualified partner in accomplishing our mission”, says CEO, Carles Franquesa, from AISTECH.

GomSpace has a record of participating in more than 40 successful space missions and is proud to have been selected as a partner by AISTECH for their mission.” We look forward to the collaboration with AISTECH, and are confident that our platforms and nanosatellites till help them achieve their goals in space”, says CEO, Niels Buus, from GomSpace.

The Company’s business operations are conducted through the wholly-owned Danish subsidiary, GomSpace A/S, with operational office in Aalborg, Denmark. GomSpace is a space company with a mission to be engaged in the global market for space systems and services by introducing new products, i.e. components, platforms and systems based on innovation within professional nanosatellites. The Company is listed on the Nasdaq First North Premier exchange under the ticker GOMX. FNCA Sweden AB is the Company’s Certified Adviser. For more information, please visit our website on www.gomspace.com.

About AISTECH

Aistech Space is an space company located in Barcelona, Spain. The main goal of the company is to capture data from earth using our own Nanosatellite network. We are committed to create value for our customers and for society, making the space information reachable for anyone who needs it.

This information is information that GS Sweden AB is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person(s) set out above, at [13:30] CET on [4th October,] 2016.